The Argentinian Zombie Currency
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation.
Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.
This episode of Good Money with Tho Bishop features guest Ryan Griggs of Griggs Capital Strategies.
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
Heritage Fellow Peter St. Onge joins Bob to set the record straight on several popular talking points about the debt ceiling.
With the US economy facing a severe downturn, we should remember that two recessions ended quickly because the government didn't intervene at all.
Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.
Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.